TaxStats for postcode 2753 FY2013

Postcode 2753 includes Agnes Banks, Bowen Mountain, Grose Vale, Grose Wold, Hobartville, Londonderry, Richmond, Richmond Lowlands, Yarramundi in New South Wales, and is in the federal electorate of Lindsay.

In FY 2013 the ATO recorded 9,435 individuals in postcode 2753. Of these people, 9,400 made a taxable income or loss. 7,765 of the population paid a gross amount of tax. After tax offsets, 7,105 people actually paid a net amount of tax. There were 2,295 non-taxable people who paid net tax of $0.

Compare TaxStats of 2753 with NSW

2753 TaxStats FY2013%Ppl#Ppl2753
Avg
2753
Total
Total Individuals100%9,435
Income
Salary or Wage 81%7,600$50,927$387,042,749
Gross Interest53%5,020$2,187$10,979,470
Unfranked Dividends6%605$347$210,017
Franked Dividends24%2,300$6,716$15,446,897
Dividend Franking Credit24%2,295$2,882$6,615,286
Capital Gains3%300$12,907$3,872,214
Termination Payouts1%125$17,132$2,141,539
Tips/Directors Fees etc23%2,140$3,157$6,756,207
Business Income9%845$17,568$14,845,373
Foreign Income4%340$1,906$648,178
Government payments6%565$5,312$3,001,366
Government pensions6%550$9,711$5,340,924
Total Income or Loss100%9,415$52,593$495,162,131
Deducations
Charitable Gifts33%3,140$307$963,315
Cost of Tax Affairs53%5,020$291$1,463,090
Work Car expenses25%2,390$2,701$6,454,699
Work Travel expenses10%950$1,723$1,636,932
Self Education expenses5%470$1,560$733,267
Total Deductions83%7,835$2,596$20,338,130
Taxation
Taxable Income100%9,400$50,441$474,146,785
Medicare Levy 71%6,725$936$6,295,252
Medicare Surcharge 1%135$1,320$178,260
Gross Tax 82%7,765$11,755$91,278,201
Net Tax 75%7,105$13,117$93,196,150
Average Tax 100%9,435 $9,878$93,196,150
Gross Tax Rate 82%7,765 23%$91,278,201
Net Tax Rate 75%7,105 26%$93,196,150
Average Tax Rate 100%9,435 20%$93,196,150
%PPL is rounded Percentage of total individuals used in the average (AVG).
#PPL is the number of individuals used to calculate the average (AVG).
*Tax Rates calculated from Taxable Income.
*Treat each stat/line item separately. Columns while related do not total due to different numbers of people used in each calculation.

The average taxable income was $50,441. It is estimated that the average taxable income for people who paid a net amount of tax was $62858.

The average net tax paid was $13,117. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 6,725 people for an average of $936. 135 people paid $1,320 on average more for the Medicare surcharge.

7,600 people earned a salary or wage and took home an average of $50,927 each.

Government allowance and payments were collected by 565 people for on average $5,312. 550 people received the pension or other allowance.

Charitable gifts and donations of an average of $307 were made by 3,140 people.

The costs of tax affairs for 5,020 people were claimed for $291 each.